15 credits. Students must have a 2.7 or above in ECO201 and ECO202 or permission of the department chair to be accepted into the Economics minor. The program for the Economics minor consists of the following 15 credits at Salem State University. Credits earned in any economics class may be used towards the minor, regardless of whether the course is also used to satisfy another major, support or general education requirement. While any such courses may be used to satisfy minor requirements, the credits may only be counted in one place.